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Gruppa Cherkizovo PAO (GCHE.MM)

GCHE.MM on Moscow Interbank Currency Exchange

843.00RUB
24 Mar 2017
Change (% chg)

руб6.00 (+0.72%)
Prev Close
руб837.00
Open
руб841.00
Day's High
руб845.00
Day's Low
руб839.00
Volume
1,959
Avg. Vol
3,155
52-wk High
руб940.00
52-wk Low
руб732.00

Latest Key Developments (Source: Significant Developments)

Russia's Cherkizovo could pay 13.65 rbls/shr in 2016 dividends-Ifx
Wednesday, 22 Mar 2017 04:00am EDT 

Cherkizovo Group : The company could pay 13.65 roubles ($0.2370) per share in 2016 dividends, Interfax reported, citing company materials. . Plans to pay a total of 600 million roubles in dividends on 2016 results, down from 2.35 billion roubles the year earlier that included interim dividends. . The company has paid no interim dividends in 2016. Further company coverage: [GCHE.MM] ($1 = 57.5900 roubles) (Reporting By Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's Cherkizovo Q4 adjusted EBITDA up 83 pct y/y
Wednesday, 1 Mar 2017 04:10am EST 

Russia's Cherkizovo says: Q4 adjusted EBITDA rose 83 percent year-on-year to 4.9 billion roubles ($84 million); . Q4 net loss was at 272.5 million roubles compared with a net profit of 881 million roubles a year ago; . Q4 net revenue rose 10 percent year-on-year to 23.2 billion roubles; . Net debt was at 36.9 billion roubles as of the end of 2016 compared to 35.0 billion roubles as of the end of 2015. . Cherkizovo anticipates the first quarter of the year to "be soft"; .Has completed the majority of its capital intensive development phase and is now looking at a more modest capex in 2017..  Full Article

Russia's Cherkizovo says meat sales up 9 pct in 2016
Thursday, 26 Jan 2017 03:00am EST 

Cherkizovo Group says: In 2016, Cherkizovo Group sold 903,000 tonnes of meat products with sales volumes rising 9 percent year-on-year. . Poultry sales increased 6 percent to 500,321 tonnes and the average price edged up 0.4 percent to 94.94 roubles ($1.59)/kg. . Pork sales rose 9 percent to 184,766 tonnes, the average price decreased by 10 percent to 88.28 roubles/kg. . Sales in the meat processing division grew by 14 percent to 218,085 tonnes, the average price fell by 3 percent to 167.84 roubles/kg. .Sales in the grain farming segment totalled 338,808 tonnes, up 27 percent year on year, the average price for 2016 fell by 6 percent to 8.83 roubles/kg..  Full Article

Russia's Cherkizovo posts Q2 net profit after loss in pvs qtr
Wednesday, 24 Aug 2016 03:52am EDT 

Cherkizovo Group says: Q2 net profit at 1.39 billion roubles ($21.5 million) versus a net loss of 440.8 million roubles in Q1 2016; . Q2 adjusted EBITDA at 2.0 billion roubles versus 725.4 million roubles in Q1 2016; . Q2 adjusted EBITDA margin at 9.9 percent versus 3.9 percent in Q1 2016; . Q2 revenue rose 9 percent quarter-on-quarter to 20.29 billion roubles from 18.54 billion roubles in Q2 2015; . The market is beginning to see signs of stability for meat prices. Volatility in pork prices has subsided, poultry prices also appear to have bottomed out, providing early signs of stability. Further company coverage: [GCHE.MM] ($1 = 64.7225 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Russia's Cherkizovo reports Q1 net loss of 0.4 bln roubles
Tuesday, 24 May 2016 05:14am EDT 

Cherkizovo Group says: Q1 net loss at 440.8 million roubles ($6.6 million) vs net profit of 2.95 billion roubles in Q1 2015; . Q1 revenue at 18.5 billion roubles, up 8 percent, year-on-year; . Q1 adjusted EBITDA at 725.4 million roubles vs 2.98 billion roubles in Q1 2015. Further company coverage: [GCHE.MM] ($1 = 66.8700 roubles) (Reporting By Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Gruppa Cherkizovo PAO receives licence to export to Egypt
Thursday, 7 Apr 2016 12:26am EDT 

Gruppa Cherkizovo PAO:Says its three poultry farms, the Vasilievskaya poultry farm of the Penza region, Lisko-Broiler of the Voronezh region and Chicken Kingdom of the Lipetsk region - have received a licence to export products to Egypt.The export licence was granted by the Ministry of Agriculture and Melioration of the Arab Republic of Egypt following the results of inspections, which were carried out in February-March 2016.  Full Article

Gruppa Cherkizovo PAO to pay 22.75 roubles/shr in interim 2015 dividends-Reuters
Wednesday, 23 Mar 2016 09:29am EDT 

Gruppa Cherkizovo PAO:Plans to pay further 22.75 roubles per share in interim dividends for 2015-Reuters.Says full-year 2015 dividends can come to 45.50 roubles per share;.  Full Article

Grupo Fuertes buys stake in Gruppa Cherkizovo PAO
Friday, 30 Oct 2015 06:14am EDT 

Gruppa Cherkizovo PAO:Spanish agricultural holding Grupo Corporativo Fuertes has become the owner of 5.06 percent of Cherkizovo Group after buying shares in the open market.The total representation of Grupo Corporativo Fuertes has an approximate valuation of $30 million.Gruppa Chekizovo and Grupo Corporativo Fuertes have a joint turkey production complex in the Tambov region.  Full Article

Gruppa Cherkizovo PAO approves first part of bond program for up to 30 bln roubles
Monday, 31 Aug 2015 01:26am EDT 

Gruppa Cherkizovo PAO:Board approves first part of bond program for up to 30 billion roubles.The bond prospectus called for issuing 30 million bonds, par value 1,000 roubles each, maturing in up to 10 years.  Full Article

Gruppa Cherkizovo PAO recommends H1 dividend
Wednesday, 19 Aug 2015 12:01pm EDT 

Gruppa Cherkizovo PAO:Says board recommends H1 dividend of 22.75 roubles a share.The recommended record date is Oct. 9.  Full Article

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